STATISTICAL RELEASE P0141 Consumer Price Index March 2017 Embargoed until: 19 April 2017 10:00 ENQUIRIES: Marietjie Bennett / Evashnie Govender (012) 310 8077 / 336 0176 FORTHCOMING ISSUE: April 2017 www.statssa.gov.za [email protected] T +27 12 310 8911 F +27 12 310 8500 Private Bag X44, Pretoria, 0001, South Africa ISIbalo House, Koch Street, Salvokop, Pretoria, 0002 EXPECTED RELEASE DATE 24 May 2017 STATISTICS SOUTH AFRICA 2 P0141 CONTENTS KEY FINDINGS .................................................................................................................................................................. 3 DETAILED RESULTS ........................................................................................................................................................ 4 Table A - Consumer Price Index: Main indices ................................................................................................................... 4 Table B - CPI headline ........................................................................................................................................................ 5 Table C - Contributions of the different groups to the annual percentage change in the CPI headline ............................... 6 Table D - Contributions of the different groups to the monthly percentage change in the CPI headline ............................. 6 Table E - Consumer price indices for all urban areas ......................................................................................................... 7 Table F - Survey schedule for non-monthly surveys ........................................................................................................... 9 GLOSSARY...................................................................................................................................................................... 10 GENERAL INFORMATION .............................................................................................................................................. 11 Consumer Price Index – March 2017 STATISTICS SOUTH AFRICA 3 P0141 KEY FINDINGS Headline consumer price index (CPI for all urban areas) Annual consumer price inflation was 6,1% in March 2017, down from 6,3% in February 2017. The consumer price index increased by 0,6% month-on-month in March 2017. Table C (page 6) shows contributions to headline annual consumer price inflation. Food and non-alcoholic beverages decreased from 1,7 percentage points in February to 1,5 percentage points in March. The index increased by 8,7% year-on-year. Transport increased from 1,0 percentage point in February to 1,1 percentage points in March. The index increased by 7,7% year-on-year. Education increased from 0,1 of a percentage point in February to 0,2 of a percentage point in March. The index increased by 7,0% year-on-year. Miscellaneous goods and services increased from 1,1 percentage points in February to 1,2 percentage points in March. The index increased by 7,5% year-on-year. Table D (page 6) shows contributions to monthly consumer price inflation. Food and non-alcoholic beverages contributed 0,1 of a percentage point in March. The index increased by 0,5% month-on-month. Alcoholic beverages and tobacco contributed 0,1 of a percentage point in March. The index increased by 1,7% month-on-month. Housing and utilities contributed 0,2 of a percentage point in March. The index increased by 0,9% month-onmonth. Education contributed 0,2 of a percentage point in March. The index increased by 7,0% month-on-month. In March the CPI for goods increased by 7,0% year-on-year (down from 7,1% in February), and the CPI for services increased by 5,4% year-on-year (down from 5,6% in February). Provincial annual inflation rates ranged from 4,9% in Northern Cape to 7,0% in Western Cape (see Table A). Note: Not all items in the CPI are surveyed every month. Table F (page 9) shows the survey schedule for items that are not surveyed monthly. No additional surveys are scheduled for April 2017. PJ Lehohla Statistician-General Consumer Price Index – March 2017 STATISTICS SOUTH AFRICA 4 P0141 DETAILED RESULTS Table A - Consumer Price Index: Main indices Unless otherwise stated the table refers to all urban areas. Weight CPI excluding food and NAB, fuel and energy Trimmed mean Analytical series Mar 2017 Mar 2017 vs. Feb 2017 Mar 2017 vs. Mar 2016 100,00 96,4 101,7 102,3 0,6 6,1 74,43 97,3 101,4 102,1 0,7 4,9 .. 95,9 100,9 101,2 0,3 5,5 48,70 95,2 101,5 101,9 0,4 7,0 CPI for durable goods 7,81 96,7 100,7 100,6 -0,1 4,0 CPI for semi-durable goods 5,68 96,2 100,2 100,5 0,3 4,5 CPI for non-durable goods 35,21 94,8 101,9 102,5 0,6 8,1 CPI for services 51,30 97,4 101,9 102,7 0,8 5,4 Total 16,17 94,6 101,5 102,5 1,0 8,4 Regulated 11,76 93,1 102,1 101,8 -0,3 9,3 4,41 98,2 100,0 104,3 4,3 6,2 CPI excluding administered prices 83,83 96,8 101,7 102,3 0,6 5,7 CPI for administered prices excluding fuel and paraffin 11,54 95,7 100,0 101,5 1,5 6,1 CPI excluding food and NAB 82,76 96,7 101,6 102,2 0,6 5,7 CPI excluding fuel 95,42 96,6 101,5 102,2 0,7 5,8 CPI excluding food and NAB and fuel 78,18 97,0 101,4 102,0 0,6 5,2 CPI excluding housing 75,38 96,6 102,2 102,8 0,6 6,4 CPI excluding fuel and energy 91,67 96,8 101,6 102,3 0,7 5,7 CPI excluding energy 96,25 96,5 101,8 102,4 0,6 6,1 CPI excluding owners' equivalent rent 86,68 96,3 102,0 102,5 0,5 6,4 .. 96,1 101,8 102,3 0,5 6,5 100,00 96,3 101,7 102,2 0,5 6,1 12,23 95,9 101,3 101,7 0,4 6,0 Western Cape 17,25 95,8 101,9 102,5 0,6 7,0 Eastern Cape 8,04 95,8 101,5 102,1 0,6 6,6 Northern Cape 1,93 96,9 101,4 101,6 0,2 4,9 Free State 5,93 96,3 101,5 102,0 0,5 5,9 12,70 96,0 101,6 102,0 0,4 6,3 5,31 96,3 101,7 102,0 0,3 5,9 36,25 96,6 101,8 102,4 0,6 6,0 Mpumalanga 6,89 96,8 101,4 101,7 0,3 5,1 Limpopo 5,70 96,1 101,3 102,0 0,7 6,1 1 0,50 96,0 101,1 101,2 0,1 5,4 2 1,13 96,0 101,3 101,5 0,2 5,7 3 1,89 96,0 101,2 101,6 0,4 5,8 4 2,81 96,0 101,0 101,5 0,5 5,7 5 3,93 96,1 101,0 101,5 0,5 5,6 6 5,61 96,1 100,9 101,5 0,6 5,6 7 7,91 96,2 101,0 101,7 0,7 5,7 8 11,30 96,2 101,3 102,0 0,7 6,0 9 16,35 96,5 101,7 102,4 0,7 6,1 10 48,57 96,5 102,1 102,6 0,5 6,3 CPI for all goods CPI for administered prices Not regulated CPI for pensioners Geographic indices CPI for total country CPI for rural areas CPI per province KwaZulu-Natal North West Gauteng Deciles Percentage change Feb 2017 Group All items (CPI Headline) Index (Dec 2016=100) Mar 2016 CPI per expenditure decile Consumer Price Index – March 2017 STATISTICS SOUTH AFRICA 5 P0141 Table B - CPI headline Table B1 - CPI headline index numbers (Dec 2016=100) Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Average1 Dec 2013 80,4 81,2 82,2 82,5 82,3 82,5 83,4 83,6 84,0 84,2 84,3 84,5 82,9 2014 85,1 86,0 87,2 87,6 87,7 88,0 88,7 89,0 89,0 89,2 89,2 89,0 88,0 2015 88,9 89,4 90,7 91,5 91,7 92,1 93,1 93,1 93,1 93,3 93,4 93,7 92,0 2016 94,4 95,7 96,4 97,2 97,4 97,9 98,7 98,6 98,8 99,3 99,6 100,0 97,8 2017 100,6 101,7 102,3 .. .. .. .. .. .. .. .. .. .. 1 Annual average. Table B2 - CPI headline year-on-year rates Year 1 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Average1 Dec 2013 5,4 5,9 5,9 5,9 5,6 5,5 6,3 6,4 6,0 5,5 5,3 5,4 5,7 2014 5,8 5,9 6,0 6,1 6,6 6,6 6,3 6,4 5,9 5,9 5,8 5,3 6,1 2015 4,4 3,9 4,0 4,5 4,6 4,7 5,0 4,6 4,6 4,7 4,8 5,2 4,6 2016 6,2 7,0 6,3 6,2 6,1 6,3 6,0 5,9 6,1 6,4 6,6 6,8 6,4 2017 6,6 6,3 6,1 .. .. .. .. .. .. .. .. .. Annual average. Figure 1 - CPI headline index numbers and year-on-year rates Consumer Price Index – March 2017 .. STATISTICS SOUTH AFRICA 6 P0141 Table C - Contributions of the different groups to the annual percentage change in the CPI headline Group Contribution Feb 2017 Mar 2017 Food and non-alcoholic beverages 1,7 1,5 Alcoholic beverages and tobacco 0,2 0,2 Clothing and footwear 0,2 0,2 Housing and utilities 1,4 1,4 Household contents and services 0,1 0,1 Health 0,1 0,1 Transport 1,0 1,1 Recreation and culture 0,2 0,2 Education 0,1 0,2 Restaurants and hotels 0,2 0,2 Miscellaneous goods and services 1,1 1,2 Residual 0,0 -0,3 All Items 6,3 6,1 Table D - Contributions of the different groups to the monthly percentage change in the CPI headline Group Contribution Feb 2017 Mar 2017 Food and non-alcoholic beverages 0,1 0,1 Alcoholic beverages and tobacco 0,0 0,1 Housing and utilities 0,0 0,2 Health 0,1 0,0 Transport 0,1 0,0 Education 0,0 0,2 Miscellaneous goods and services 0,7 0,0 Residual 0,1 0,0 All Items 1,1 0,6 Consumer Price Index – March 2017 STATISTICS SOUTH AFRICA 7 P0141 Table E - Consumer price indices for all urban areas Weight Mar 2017 Mar 2017 vs. Feb 2017 Mar 2017 vs. Mar 2016 100,00 96,4 101,7 102,3 0,6 6,1 17,24 94,6 102,3 102,8 0,5 8,7 15,48 94,6 102,3 102,8 0,5 8,7 Processed 8,67 93,0 101,2 101,8 0,6 9,5 Unprocessed 6,81 96,2 103,1 103,6 0,5 7,7 Bread and cereals 3,21 92,3 100,7 100,1 -0,6 8,5 Meat 5,46 96,3 104,4 105,8 1,3 9,9 Fish 0,40 92,7 101,7 102,4 0,7 10,5 Milk, eggs and cheese 2,57 92,8 101,0 101,3 0,3 9,2 Oils and fats 0,45 98,0 100,8 99,9 -0,9 1,9 Fruit 0,34 96,3 99,2 100,7 1,5 4,6 Vegetables 1,30 102,1 102,2 102,1 -0,1 0,0 Sugar, sweets and desserts 0,56 88,1 100,8 103,6 2,8 17,6 Other food 1,19 91,0 101,5 101,6 0,1 11,6 1,76 93,6 102,4 102,7 0,3 9,7 Hot beverages 0,65 91,5 103,5 103,7 0,2 13,3 Cold beverages 1,11 94,5 101,8 102,2 0,4 8,1 5,82 98,3 99,7 101,4 1,7 3,2 3,89 98,1 99,7 101,0 1,3 3,0 Spirits 0,86 96,3 101,0 101,8 0,8 5,7 Wine 1,05 97,2 100,2 103,5 3,3 6,5 Beer 1,98 99,0 98,8 99,4 0,6 0,4 1,93 98,7 99,9 102,1 2,2 3,4 3,83 96,4 100,5 100,7 0,2 4,5 Clothing 2,71 96,2 100,5 100,8 0,3 4,8 Footwear 1,12 97,0 100,4 100,5 0,1 3,6 24,62 95,5 100,0 100,9 0,9 5,7 3,52 96,6 100,0 101,2 1,2 4,8 Owners' equivalent rent 13,32 96,5 100,0 101,1 1,1 4,8 Maintenance and repair 0,82 99,2 101,0 101,1 0,1 1,9 Water and other services 3,16 92,5 100,0 100,6 0,6 8,8 Electricity and other fuels 3,80 93,1 100,0 100,0 0,0 7,4 4,35 97,5 100,0 100,6 0,6 3,2 Furnishings, floor coverings and textiles 0,81 99,9 99,5 99,6 0,1 -0,3 Appliances, tableware and equipment 0,73 97,7 99,6 99,6 0,0 1,9 Supplies and services 2,81 96,8 100,2 101,1 0,9 4,4 2,45 96,1 100,0 100,9 0,9 5,0 1,40 98,6 103,9 104,7 0,8 6,2 Medical products 0,53 97,5 100,1 102,2 2,1 4,8 Medical services 0,87 99,8 106,4 106,4 0,0 6,6 All items (CPI Headline) Food Non-alcoholic beverages Alcoholic beverages and tobacco Alcoholic beverages Tobacco Clothing and footwear Housing and utilities Household contents and services Percentage change Feb 2017 Group Food and non-alcoholic beverages Index (Dec 2016=100) Mar 2016 Actual rentals for housing Domestic workers' wages Health Consumer Price Index – March 2017 STATISTICS SOUTH AFRICA 8 P0141 Table E - Consumer price indices for all urban areas (concluded) Weight Group Transport Mar 2017 vs. Feb 2017 Mar 2017 vs. Mar 2016 7,7 94,8 102,4 102,1 -0,3 6,12 95,6 101,1 101,2 0,1 5,9 Private transport operation 5,86 92,4 104,5 104,2 -0,3 12,8 Fuel 4,58 91,2 105,3 104,9 -0,4 15,0 Other running costs 1,28 96,4 101,3 101,6 0,3 5,4 2,30 98,4 100,5 99,3 -1,2 0,9 2,63 100,1 99,9 99,2 -0,7 -0,9 Postal services and telecommunication services 2,43 99,9 100,0 99,4 -0,6 -0,5 Telecommunication equipment 0,20 106,3 98,6 96,7 -1,9 -9,0 5,16 96,7 100,2 100,3 0,1 3,7 Recreational equipment 1,25 96,5 100,5 99,9 -0,6 3,5 Recreational and cultural services 3,10 99,1 100,2 100,2 0,0 1,1 Books, newspapers and stationery 0,64 94,7 99,3 101,7 2,4 7,4 Package holidays 0,17 85,3 101,5 101,1 -0,4 18,5 Education Miscellaneous goods and services Mar 2017 14,28 Communication Restaurants and hotels Percentage change Feb 2017 Purchase of vehicles Public transport Recreation and culture Index (Dec 2016=100) Mar 2016 2,53 100,0 100,0 107,0 7,0 7,0 Primary and secondary 1,54 100,0 100,0 107,6 7,6 7,6 Tertiary 0,99 100,0 100,0 106,2 6,2 6,2 3,09 95,3 100,9 101,1 0,2 6,1 Restaurants 1,98 95,0 100,9 101,0 0,1 6,3 Hotels 1,11 96,3 101,0 101,2 0,2 5,1 15,05 98,6 105,8 106,0 0,2 7,5 2,12 96,6 101,5 103,3 1,8 6,9 10,06 99,6 107,6 107,5 -0,1 7,9 Financial services 1,53 98,6 104,1 104,4 0,3 5,9 Other goods and services 1,34 94,4 100,5 100,5 0,0 6,5 Personal care Insurance Consumer Price Index – March 2017 STATISTICS SOUTH AFRICA 9 P0141 Table F - Survey schedule for non-monthly surveys Quarterly Gymnasium fees (Recreation and culture) January, April, July, October Funeral expenses, funeral policies, gravestone maintenance (Miscellaneous) February, May, August, November Private-sector hospitals (Health) February, August Rugby tickets (Recreation and culture) Actual rentals for housing, owners’ equivalent rent (Housing and utilities) Sectional title levies (Housing and utilities) March, June, September, December Domestic workers’ wages (Household contents and services) Taxi fares, train fares (Transport) Motor vehicle insurance (Miscellaneous) Biannual January, July Building insurance, household content insurance (Miscellaneous) February, April Medical aid (Miscellaneous) April, October Television licences (Recreation and culture) May, November Electricians, plumbers (Housing and utilities) July, August Municipal charges for water, property rates and electricity (Housing and utilities) Annual January February Post box rental (Communication) Lotto tickets (Recreation and culture) Private-sector doctors and dentists (Health) Rugby tickets (Recreation and culture) School and university tuition fees (Education) March Toll fees (Transport) University boarding fees (Restaurants and hotels) Crèche fees (Miscellaneous) October Cricket tickets (Recreation and culture) Other January, March, April, June, July, September, October, December Local bus fares (Transport) Additional surveys are conducted for these items when Stats SA is aware of significant price changes outside regular survey months. Consumer Price Index – March 2017 STATISTICS SOUTH AFRICA 10 P0141 GLOSSARY A complete set of definitions is available in the methods and sources document on the Stats SA website http://www.statssa.gov.za Annual inflation rate The annual inflation rate is the change in the index of the relevant month of the current year compared with the index of the same month in the previous year expressed as a percentage. Annual percentage change The annual percentage change is the change in the index of the relevant month of the current year compared with the index of the same month in the previous year expressed as a percentage. Average annual inflation rate The average annual inflation rate is the change in the average index of one year compared with the average index of the previous year expressed as a percentage. Average annual percentage change The average annual percentage change is the change in the average index of one year compared with the average index of the previous year expressed as a percentage. CPI for administered prices An administered price is defined as the price of a product which is set consciously by an individual producer or group of producers and/or any price which can be determined or influenced by government, either directly or through a government agency/institution without reference to market forces. Products and services included are assessment rates, water, electricity, paraffin, petrol, diesel, public transport – trains, motor licences, motor registration, telephone fees, cell calls, television licence, school fees, university/technicons/colleges and university boarding fees. CPI for regulated prices Regulated prices are those administered prices that are monitored and controlled by government policy. To this end, price regulation does not necessarily imply the presence of an economic regulator, but the restriction on the extent to which prices in September vary, depending on government’s policy objective. Products and services included are water, electricity, paraffin, petrol, diesel, telephone fees and cell calls. CPI per expenditure decile Decile 1 - up to R17 721; Decile 2 - R 17 722 up to R 29 475; Decile 3 - R 29 476 up to R 42 582; Decile 4 - R 42 583 up to R 56 909; Decile 5 - R 56 910 up to R 73 813; Decile 6 - R 73 814 up to R 94 884; Decile 7 - R 94 885 up to R 124 227; Decile 8 - R 124 228 up to R 173 022; Decile 9 - R 173 023 up to R 269 902; and Decile 10 - R 269 903 and more. Inflation rate The inflation rate is the change in the CPI for all items of the relevant month of the current year compared with the CPI for all items of the same month in the previous year expressed as a percentage. Monthly percentage change The monthly percentage change is the change in the index of the relevant month compared with the index of the previous month expressed as a percentage. Rural CPI Consumer Price Index – March 2017 The rural CPI is compiled using data from rural and urban areas in accordance with the purchasing patterns of rural residents. STATISTICS SOUTH AFRICA 11 P0141 GENERAL INFORMATION Stats SA publishes approximately 300 different statistical releases each year. It is not economically viable to produce them in more than one of South Africa's eleven official languages. Since the releases are used extensively, not only locally but also by international economic and social-scientific communities, Stats SA releases are published in English only. Stats SA has copyright on this publication. 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You can visit us on the internet at: www.statssa.gov.za Enquiries Technical enquiries Marietjie Bennett, Evashnie Govender (012) 310 8077 / 336 0176 Telephone number (012) 310 8077 / 336 0176 (survey area) (012) 310 8600 / 8390 / 8351 / 4892 / 8496 / 8095 (user) (012) 310 8490 (library) Email [email protected] (technical enquiries) [email protected] (user information services) [email protected] (orders) Private Bag X44, Pretoria, 0001 Postal address Produced by Stats SA Consumer Price Index – March 2017
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